Giken announces restricted stock compensation amidst leadership changes

Giken Ltd. announced the disposal of 27,528 treasury shares as restricted stock remuneration, effective December 26, 2025. This initiative, valued at JPY 47,100,408 at JPY 1,711 per share, aims to incentivize executives and promote value sharing with shareholders. Allottees include company directors (excluding outside directors), delegated operating officers, employee operating officers, and their counterparts in subsidiaries. The transfer restriction period runs from December 26, 2025, until the later of the allottee's resignation/retirement or December 1, 2026, with specific lifting conditions based on continuous service.

This compensation plan aligns with Giken's recently approved remuneration framework, allowing for annual grants of monetary claims up to JPY 50 million and disposal of up to 50,000 common shares as restricted stock. The disposal price of JPY 1,711 reflects the closing price on the Tokyo Stock Exchange Prime Market on November 26, 2025.

The announcement closely follows the 44th Ordinary General Meeting of Shareholders on November 27, 2025, where eight directors were elected, including new appointments akio kitamura (executive chairman), yoshihisa fujisaki (director and executive operating officer), shigeki fukumaru (director and executive operating officer), and kumiko tanaka (outside director). Atsushi ohira continues as president and ceo. Additionally, several delegated operating officers and executive officers were appointed or confirmed, effective November 27, 2025, and December 1, 2025, respectively.